Ecolab raises dividend for 25th consecutive year
Dividend Aristocrat Ecolab will raise its quarterly dividend to $0.37 per share.
The dividend will be paid Jan. 17, 2017, to shareholders of record at the close of business on Dec. 20, 2016. This increase results in a new indicated annual cash dividend of $1.48 per share in 2017 and represents Ecolab’s 25th consecutive annual dividend rate increase.
Ecolab has paid cash dividends on its common stock for 80 consecutive years.
Today’s dividend increase indicates an annualized rate of $1.48 per common share and a yield of approximately 1.2% based on the $119.61 closing price on December 8, 2016.
Ecolab Inc. provides water, hygiene and energy technologies and services. The company delivers solutions and on-site service to promote safe food, maintain clean environments, optimize water and energy use and improve operational efficiencies for customers in the food, healthcare, energy, hospitality and industrial markets.